Demant
ESRS disclosure: ESRS E1 \ DR E1-1 \ Paragraph 16 b
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- Provide a detailed account of the decarbonisation levers identified and the key actions planned within your transition plan for climate change mitigation. This should include references to your GHG emission reduction targets and climate change mitigation actions, as specified in Disclosure Requirements E1-4 and E1-3. Additionally, elucidate any changes anticipated in your product and service portfolio, as well as the adoption of new technologies within your operations or across the upstream and/or downstream value chain.
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Question Id: E1-1_03
Demant’s Transition Plan currently focuses on five decarbonisation levers, each including one or more mitigation actions:
Energy consumption reduction and efficiency in own operations
- Decrease in energy consumption
- Increase in energy efficiency
- Time horizon: From short to long term
- Geographical scope: Global
Renewable electricity for own operations
- Use of on-site renewable electricity
- Use of off-site renewable electricity
- Time horizon: From short to medium term
- Geographical scope: Global
Vehicle fleet electrification
- Transition to electric vehicles for already existing fleet in six prioritised European countries
- Transition to electric vehicles for fleet in remaining countries
- Time horizon: From short to long term
- Geographical scope: Global
Supplier engagement programme
- Setting a supplier target for improvement of the environmental performance of purchased goods and services
- Time horizon: From short to medium term
- Geographical scope: Global (determined by the location of the suppliers onboarded to the programme)
Use of less climate-intensive transport modes
- Shift from air freight transport to less climate intensive transport modes
- Time horizon: From short to long term
- Geographical scope: To be determined
Report Date: 4Q2024Relevance: 85%
- Provide a qualitative assessment of the potential locked-in greenhouse gas (GHG) emissions from your company's key assets and products. Explain whether and how these emissions could jeopardize the achievement of your GHG emission reduction targets and contribute to transition risk. Additionally, if applicable, describe your company's plans to manage its GHG-intensive and energy-intensive assets and products.
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Question Id: E1-1_07
Regarding the link between the climate targets and the decarbonisation levers, for the near-term target in scope 1 and 2, the energy consumption reduction and efficiency in own operations (lever 1), along with the phase-in of renewable electricity for own operations (lever 2), will enable the required reduction by 2030. It is important to highlight that fleet electrification (lever 3) is a complementary effort to ensure that the GHG emissions reduction takes place as soon as possible and that the fossil fuel emissions from the fleet are controlled and do not jeopardise the near-term target. For the near-term target in scope 3, the relevance of each lever still needs to be assessed.
Report Date: 4Q2024Relevance: 60%